Market Info & News
Bank of Korea keeps interest rate at record low (AP)
South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns and as the institution prepares for a leadership change.
China limits bonuses for bankers to manage risk (AP)
China has tightened controls on pay for its top bankers, joining global efforts to try to limit financial risks by linking longer-term performance more closely to compensation.
Foreclosure rates up by smallest amount in 4 years (AP)
The foreclosure crisis isn't over, but the pace of growth may finally be slowing down. RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.
2-second video causes headache for ABC News (AP)
For the want of a better two-second picture of a tachometer, ABC News has called into question its reporting on acceleration problems with Toyota vehicles.
Japan's 4Q growth weaker than first estimated (AP)
Japan's economic growth was weaker than first estimated in the fourth quarter, underscoring a patchy recovery in the world's No. 2 economy.
Asian stocks lower amid spike in China inflation (AP)
Asian stock markets were mostly lower Thursday as China's burst of inflation and Japan's weaker growth tempered confidence in the regional economic rebound.
China inflation accelerates in February (AP)
China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy on track.
Oil falls below $82 as traders eye weak US demand (AP)
Oil prices fell below $82 a barrel Thursday in Asia as traders eyed tepid U.S. crude demand amid an overall economic expansion.
Spike in Prius complaints may not be all it seems (AP)
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals in the popular hybrid.